Jim Cramer Shared Insights on These 14 Stocks

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4. lululemon athletica inc. (NASDAQ:LULU)

Number of Hedge Fund Holders: 48

lululemon athletica inc. (NASDAQ:LULU) is one of the stocks Jim Cramer shared insights on. Noting that they have three LULU shares with an average cost basis of 236, a young caller asked if they should add to their position to bring their cost basis down. Cramer commented:

“Wow. You know… I don’t want to, like, Harrison’s obviously got horse sense. This is a really tough question because it is one of the five worst-performing stocks, I think, this year. I’ll tell you this, it’s down so low, I would be willing to take a flier. Why? Because you’re young. You got your whole life ahead of you. I think it’s worth it. To see lululemon down 43% this year, says to me, I want you to buy one share, but then you gotta wait… because I don’t want you to get married to lululemon.”

lululemon (NASDAQ:LULU) designs and sells athletic apparel, footwear, and accessories for both men and women, focusing on activities like yoga, running, and training.

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